Technical Research on Semiconductor Equities -- Amkor Technology, Marvell Technology, Microsemi, and Skyworks Solutions
NEW YORK, October 20, 2017 /PRNewswire/ --
If you want a Stock Review on AMKR, MRVL, MSCC, or SWKS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Heading into the end of 2017 and early 2018, some market observers, as reported by Benzinga, voiced concerns about Semiconductor demand trends, noting that robust demand will be hard to keep up through 2018. However, some analysts are bullish on chip stocks and ETFs. This morning, DailyStockTracker.com dedicates attention to select Semiconductor Integrated Circuits equities to see how they have fared over the previous trading sessions: Amkor Technology Inc. (NASDAQ: AMKR), Marvell Technology Group Ltd (NASDAQ: MRVL), Microsemi Corp. (NASDAQ: MSCC), and Skyworks Solutions Inc. (NASDAQ: SWKS). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
http://dailystocktracker.com/register/
Amkor Technology
On Thursday, shares in Tempe, Arizona headquartered Amkor Technology Inc. recorded a trading volume of 1.33 million shares, which was higher than their three months average volume of 1.16 million shares. The stock ended the day at $10.59, declining 0.94% from the last trading session. The Company's shares have advanced 7.95% in the past month and 0.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.57% and 1.64%, respectively. Furthermore, shares of Amkor Technology, which provides outsourced semiconductor packaging and test services in the US and internationally, have a Relative Strength Index (RSI) of 62.56. Sign up and read the free research report on AMKR at:
http://dailystocktracker.com/registration/?symbol=AMKR
Marvell Technology Group
Hamilton, Bermuda headquartered Marvell Technology Group Ltd's stock saw a slight drop of 0.22%, finishing yesterday's session at $18.41 with a total trading volume of 1.87 million shares. The Company's shares have gained 2.11% in the last month, 13.29% over the previous three months, and 32.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.70% and 13.39%, respectively.Additionally, shares of Marvell Technology, which designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits, have an RSI of 62.92.
On September 22nd, 2017, Marvell Technology announced a quarterly dividend of $0.06 per share of common stock, payable on October 26th, 2017, to stockholders of record as of October 10th, 2017. The complimentary research report on MRVL can be downloaded at:
http://dailystocktracker.com/registration/?symbol=MRVL
Microsemi
Shares in Aliso Viejo, California headquartered Microsemi Corp. ended the session 0.73% lower at $51.46. The stock recorded a trading volume of 396,467 shares. The Company's shares have gained 3.83% in the last one month. The stock is trading 2.30% above its 50-day moving average and 0.88% above its 200-day moving average. Moreover, shares of Microsemi, which designs, manufactures, and markets analog and mixed-signal semiconductor solutions in the US, Europe, and Asia, have an RSI of 53.04.
On October 10th, 2017, Microsemi announced that it was awarded a 2016 Total Cost of Ownership (TCOO™) Supplier Award, "Best Design Partner," from Celestica, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies. Celestica's awards program recognizes suppliers that provide it with the best TCOO performance and support the company's overall business objectives. Register for free on DailyStockTracker.com and access the latest report on MSCC at:
http://dailystocktracker.com/registration/?symbol=MSCC
Skyworks Solutions
At the closing bell on Thursday, Woburn, Massachusetts headquartered Skyworks Solutions Inc.'s stock dropped 3.75%, finishing at $103.32. A total volume of 3.11 million shares was traded, which was above their three months average volume of 1.58 million shares. The Company's shares have surged 38.39% on an YTD basis. The stock is trading 3.60% above its 200-day moving average. Additionally, shares of Skyworks Solutions, which together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property worldwide, have an RSI of 45.73.
On October 10th, 2017, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $110 a share to $115 a share.
On October 13th, 2017, Skyworks Solutions announced that it will conduct a conference call with analysts on November 06th, 2017 at 5:00 p.m. ET to discuss its Q4 FY17 and FY17 results and business outlook. After the close of the market on that same day, and prior to the conference call, the Company will issue a copy of the earnings press release, which may also be viewed on its website. Get free access to your research report on SWKS at:
http://dailystocktracker.com/registration/?symbol=SWKS
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207) 331.3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
Share this article